Friday, March 4, 2011

Downtown Playa del Carmen Condos for sale Under $200k

After the success of the first project (click here to Mexico real estate blog) insert hyperlink to ) in the heart of the Playa del Carmen real estate zone, the developers have chosen to construct a 2nd phase right across the street. From a brief market analysis, they have presented this new option that will offer a few improvements that phase 1 doesn’t have,  very important…an elevator!!

This complex will be strictly residential and will contain all 2 bedroom, 2 bathroom condos. There will be underground parking with owner storage. Another attractive feature is the common area is on the rooftop with a  pool and lounge area.

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Thursday, March 3, 2011

New York Times Surprise: More Americans Choosing to Visit and Live in Mexico Despite News Exaggerations

Recently the New York Times published an article evaluating what, to them, was a very surprising phenomenon; despite reports of drug violence, tourist numbers to Mexico are INCREASING significantly.  From our own sales experience here at TOP Mexico Real Estate, we have seen the same increase in people choosing to live in Mexico and buying Mexico condos or homes.

Why would this be?  While the New York Times (NYT) attributes this apparent contradiction to a “pricing strategy” we’ve discovered something a little closer to the real reason.

Let’s take a look at some of the stats NYT gathered from the Mexico Tourist Board:

§ 8.2 million – the number of international tourists in Mexico for 2010 -  (from Jan. to Oct., arriving by air)

§ 17.8 % – The increase compared to the same months during 2009

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Wednesday, March 2, 2011

What different contracts are involved in a Mexico Real Estate transaction?

Within Mexican Legislation, there are several Mexico real estate contracts related to the transaction; the most common agreements are oriented to purchase, sell, lease and encumber properties, whether these are preconstruction projects or finished residences.

The Sale-Purchase Agreement is a common civil agreement, by which the Seller transfers a property to the Purchaser, and the latter pays a certain amount of money for such transaction; if the object of this agreement is a property located within the restricted zone....

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Tuesday, March 1, 2011

How to Save Money through Mexico Retirement; Maintenance and Hired Help

If you are already retired, something you’ve almost certainly thought about is hiring help to get things done around the house; while this kind of help can be expensive, Mexico retirement can help save significant amounts of money in this way.

If you buy a Mexico home for your retirement, and you are responsible for the maintenance, it is comforting to know that you can find reliable help to take care of this aspect for a very accessible price.  Having the option of hiring good maintenance help at a low price will remove stress from your retirement budget and provide you with both time and funds to enjoy and relax.

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Choosing a Place for Mexico Retirement & Services Available

One of the main motivations for choosing one location over another for Mexico retirement is the number of services located nearby.  On the other hand, retirees have no need to choose a place close to services they don’t need or want.

The following is a list of some of the most important services Mexico offers retirees.  Some real estate markets, like Cancun or Puerto Vallarta real estate, offer just about all of them, with numerous options nearby.  Others, like Playa del Carmen real estate, offer most of them in a small-town setting, but are less than an hour away from a larger city (in this case Cancun), where all the rest can easily be found.  Others only offer a handful of basic services, but the retirees who choose those places don’t feel they need more.

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